ex10_18.htm


    
      

    

    Exhibit
10.7

     

    
      
        	
                In
      re

              	
                CHARYS
      HOLDING COMPANY, INC

              	
                Case
      No.

              	 	
                08-10289
      (BLS)

              
	 
      	Debtor  	
                Reporting
      Period:

              	 	
                July
      1 through 31

              


      

      
        


      

      
        STATUS
OF POST-PETITION TAXES

      

      
        


      

      
        The
beginning tax liability should be the ending liability from the prior month or,
if this is the first report, the amount should be zero.

      

      
        Attach
photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of
federal payroll taxes. Attach photocopies of any tax returns filed during the
reporting period.

      

      
        


      

      
        	
                
                  Federal

                

              	 	
                
                  Beginning
      Tax

                

              	 	 	
                
                  Amount
      Witheld and/or Accrued

                

              	 	 	
                
                  Amount
      Paid

                

              	 	 	
                
                  Date
      Paid

                

              	 	 	
                
                  Check
      # or EFT

                

              	 	 	
                
                  Ending
      Tax

                

              	 
	
                
                  Withholding

                

              	 	$	-	 	 	$ 	19,788	 	 	$	
                 19,788

              	 	 	 	 	 	 	 	 	$ 	-	 
	
                
                  FICA-Employee

                

              	 	 	-	 	 	 	3,059	 	 	 	3,059	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  FICA-Employer

                

              	 	 	-	 	 	 	3,059	 	 	 	3,059	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Unemployment

                

              	 	 	-	 	 	 	-	 	 	 	-	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Income

                

              	 	 	-	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	-	 
	
                
                  Other:

                

              	 	 	-	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Total
      Federal Taxes

                

              	 	 	-	 	 	 	25,907	 	 	 	25,907	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                
                  State
      and Local

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                
                  Withholding

                

              	 	 	-	 	 	 	5,170	 	 	 	5,170	 	 	 	 	 	 	 	 	 	 	$	-	 
	
                
                  Sales

                

              	 	 	-	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Excise

                

              	 	 	-	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Unemployment

                

              	 	 	-	 	 	 	-	 	 	 	-	 	 	 	 	 	 	 	 	 	 	$	-	 
	
                
                  Real
      Property

                

              	 	 	-	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Personal
      Property

                

              	 	 	-	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	$	 -	 
	
                
                  Other:

                

              	 	 	-	 	 	 	-	 	 	 	-	 	 	 	 	 	 	 	 	 	 	$	-	 
	
                
                  Total State
      and Local

                

              	 	 	-	 	 	 	5,170	 	 	 	5,170	 	 	 	 	 	 	 	 	 	 	 	-	 
	 
      	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                
                  Total
      Taxes

                

              	 	$	-	 	 	$	31,076	 	 	$	31,076	 	 	 	 	 	 	 	 	 	 	$	 -	 


      

      
        


      

      
        SUMMARY
OF UNPAID POST-PETITION DEBTS

      

      
        


      

      
        Attach
aged listing of accounts payable,

      

      
        


      

      
        	 
      	 	
                
                  Number
      of Days Past Due

                

              	 
	 
      	 	
                
                  Current

                

              	 	 	 	0-30	 	 	 	31-60	 	 	 	61-90	 	 	
                
                  Over
      91

                

              	 	 	
                
                  Total

                

              	 
	
                
                  Accounts
      Payable

                

              	 	$	2,673,218	 	 	$	21,971	 	 	$	103,975	 	 	$ 	
                
                  (6,153

                

              	) 	 	$	14,621	 	 	$	2,807,632	 
	
                
                  Wages
      Payable

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 	 	 	-	 
	
                
                  Taxes
      Payable

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 	 	 	-	 
	
                
                  Rent/Leases-Building

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 	 	 	-	 
	
                
                  Rent/Leases-Equipment

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 	 	 	-	 
	
                
                  Secured
      Debt/Adequate Protection Payments

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                
                  Professional
      Fees

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 	 	 	-	 
	
                
                  Amounts
      Due to Insiders

                

              	 	 	17,777	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 	 	 	17,777	 
	
                
                  Other:
      Routine expenses

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                
                  Other:

                

              	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	-	 
	
                
                  Total
      Post-petition Debts

                

              	 	$	2,690,995	 	 	 	S 21,971	 	 	$	103,975	 	 	$	(6,153	)	 	$	14,621	 	 	 	S 2,825,409	 


      

      
        


      

      
        	
                
                  Explain
      how and when the Debtor intends to pay any past due post-petition
      debts,

                

              
	
                
                  Debtor
      will utilize funds received in payment of management fees to pay the past
      due debts.